Tax Saving Strategies and Outsmarting the System – A Book Review

Outsmarting the System

One of the principles I preach here on My Money Design about building your wealth is to find smart ways to KEEP more of what you earn.  And in no other way can you accomplish this more than by using the right tax saving strategies to help avoid paying more than you have to. I say that because taxes are something that eats into your finances no matter how low or high your income is.  In fact the more money you make, the worse your tax bill becomes because it scales upward with your earnings to the point where it could potentially be one of the largest expenses you have. But with the right … [Read more...]

How to Find Good Cheap Stocks to Invest In – A Book Review

Business Graph by jscreationzs

I think all of us at one time or another imagine ourselves doing it – buying that one stock that doubles or even grows by ten times its own share price.  Even though we know the right thing to do is to follow conventional advice and only investing in large, high-quality companies, what if we’re missing out?  What if there truly are some good cheap stocks to invest in where you could quickly multiple your money within a year? That might sound crazy, but you have to remember:  All large companies were just small stocks at one time or another.  At some point they experienced a period of … [Read more...]

Book Review: The Smartest Retirement Book You’ll Ever Read by Daniel R. Solin

Sometimes when it comes to financial advice, you don’t want a lot of fluff. You just want someone to tell you like it is – straight and to the point. Not a whole bunch of “maybe this, maybe that”. That aspect is what I loved about the Smartest Retirement Book You’ll Ever Read by Daniel R. Solin - definitive and conscience advice! So far I’ve already written two separate posts highlighting pieces of advice in this book. But there’s actually a lot more to it. Solin has JAMMED PACKED this book full of useful knowledge. The information it contains could be appreciated by both newbies as well as … [Read more...]

Book Review: Rich Dad Poor Dad by Robert Kiyosaki

Rich Dad Poor Dad

Without a doubt, Rich Dad Poor Dad has become one of the most controversial personal finance books of modern times. Some people have praised it as the revolutionary how-to guide for creating ultimate riches through passive income. Others despised what they read because Kiyosaki challenged the conventional system for how people make a living and live their lives. When was the last time you were told that going to college and becoming an employee for someone else for the next 30 years is a terrible plan? Or that the only reasons you became an employee in the first place was out of your own … [Read more...]

Book Review: “Dividends Still Don’t Lie” by Kelley Wright

Dividends Still Dont Lie Graph 01

If non-fiction books had sequels, this would be one of them. Over almost 20 years after the release of the original classic "Dividends Don't Lie" by Geraldine Weiss, author Kelley Wright breathes life into the subject once again with his version "Dividends Still Don't Lie: The Truth About Investing in Blue Chip Stocks and Winning in the Stock Market". The main theme of the book is that a stock’s dividend yield is the best indicator of its value and ultimately the right time to buy. Building upon “The Dividend-Yield Theory” presented in the first book, Kelley reviews and updates this theory … [Read more...]

Book Review: “The Millionaire Messenger” by Brendon Burchard

Could my “message” really be worth a million dollars? That may sound cheesy, but that was the hook that grabbed my attention as I singled this title out amongst the many recent publications of finance books on Amazon. There are a million books that encourage you to save as much money as you can in your 401k and IRA. However, as a student of passive income, I wanted to read about something different from conventional advice. Along the same theme of how the book “ProBlogger” entices you to become a six-figure blogger, I figured why not see if this guy can help me step it up to a … [Read more...]

Book Review: “Unfair Advantage” by Robert Kiyosaki


Not too long ago, I wrote a post called “Are We Fools For Saving Our Money?” The inspiration for it came from several themes I read in the book “Unfair Advantage: The Power of Financial Education” by Robert Kiyosaki. Although we explored both sides of Kiyosaki’s opinions, I felt as though there was still quite a bit of the book to review and I wanted to do it justice.  So here is my book review. In case you’ve never read anything by Robert Kiyosaki, here’s a brief overview: Take on massive amounts of debt, don’t save your money, and the future of our economy is in deep trouble! Now why in … [Read more...]

Book Review: “Rework” by Jason Fried and David Heinemeier Hansson


Rework is a collection of advice from the blog “Signal vs. Noise” by the authors’ company “37signals”. In it, the authors trash almost every common corporate practice such as meetings, business plans, projections, marketing, hiring practices, etc. to the credit of their own success. Although 37signals is a small, Internet based company, their products are widely used and the blog has thousands of readers. … [Read more...]